Citing Treasury’s role in recommending the removal of a provision to block bonus payouts by TARP recipients, Shelby said “there’s a lot of questions to be asked. I’m not feeling real good about Treasury’s role or the specific role of Tim Geithner at the moment.”

Shelby, who voted to confirm Geithner, said “if he keeps going down this road, I think that he won’t last long. I think he’s probably on shaky grounds now, at least with the Congress and a lot of the American people.”

Shelby added “he’s going to have to do a 180 degree turnaround I believe to be a successful secretary.”